taxes Property Tax

School and Appraisal Districts Property Value Study 2015 Report

2015 ISD Summary Worksheet

210/Shelby

210-901/Center ISD


Category Local Tax Roll Value 2015 WTD Mean Ratio 2015 PTAD Value Estimate 2015 Value Assigned
A. Single-Family Residences 154,854,079 .9609 161,155,249 154,854,079
B. Multi-Family Residences 1,830,070 N/A 1,830,070 1,830,070
C1. Vacant Lots 4,546,141 N/A 4,546,141 4,546,141
C2. Colonia Lots 0 N/A 0 0
D1. Rural Real(Taxable) 18,379,231 1.0087 18,220,353 18,379,231
D2. Real Prop Farm & Ranch 12,711,322 N/A 12,711,322 12,711,322
E. Real Prop NonQual Acres 87,998,094 1.0343 85,079,855 87,998,094
F1. Commercial Real 108,771,700 .9560 113,777,929 108,771,700
F2. Industrial Real 18,165,680 N/A 18,165,680 18,165,680
G. Oil, Gas, Minerals 68,321,610 1.0017 68,205,660 68,321,610
J. Utilities 63,294,190 1.0005 63,262,559 63,294,190
L1. Commercial Personal 46,186,088 1.0525 43,882,269 46,186,088
L2. Industrial Personal 68,459,790 N/A 68,459,790 68,459,790
M. Other Personal 8,985,600 N/A 8,985,600 8,985,600
N. Intangible Personal Prop 0 N/A 0 0
O. Residential Inventory 63,120 N/A 63,120 63,120
S. Special Inventory 4,035,120 N/A 4,035,120 4,035,120
Subtotal 666,601,835 672,380,717 666,601,835
Less Total Deductions 88,901,168   91,625,813 88,901,168
Total Taxable Value 577,700,667 580,754,904 577,700,667 T2

The taxable values shown here will not match the values reported by your appraisal district

See the ISD DEDUCTION Report for a breakdown of deduction values

Government code subsections 403.302 (J) AND (K) require the Comptroller to certify alternative measures of school district wealth. These measures are reported for taxable values for maintenance and operation (M&O) tax purposes and for interest and sinking fund (I&S) tax purposes. For districts that have not entered into value limitation agreements, T1 through T4 will be the same as T7 through T10.

Value Taxable For M&O Purposes

T1 T2 T3 T4
595,079,284 577,700,667 578,410,036 561,031,419


Loss To
the Additional
$10,000 Homestead
Exemption
50% of the loss
to the Local Optional
Percentage Homestead
Exemption
17,378,617 16,669,248


T1 = School district taxable value for M&O purposes before the loss to the additional $10,000 homestead exemption

T2 = School district taxable value for M&O purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T3 = T1 minus 50% of the loss to the local optional percentage homestead exemption

T4 = T2 minus 50% of the loss to the local optional percentage homestead exemption

Value Taxable For I&S Purposes

T7 T8 T9 T10
595,079,284 577,700,667 578,410,036 561,031,419

T7 = School district taxable value for I&S purposes before the loss to the additional $10,000 homestead exemption

T8 = School district taxable value for I&S purposes after the loss to the additional $10,000 homestead exemption and the tax
ceiling reduction

T9 = T7 minus 50% of the loss to the local optional percentage homestead exemption

T10 = T8 minus 50% of the loss to the local optional percentage homestead exemption

The PVS found your local value to be valid, and local value was certified